๐จ XRP BREAKS CRITICAL SUPPORT โ MARKET ON ALERT
XRP has officially slipped below the key $2.07 support, triggering a deeper correction and exposing weakness despite rising institutional demand. Spot XRP ETFs have already crossed $850M in inflows since mid-November โ one of the strongest altcoin ETF launches ever โ yet price action isnโt reflecting it.
Why?
Because fundamentals are strong, but liquidity is thin:
๐น ETF inflows keep rising
๐น Open interest & retail activity cooling down
๐น Bitcoin failing to reclaim key weekly levels
This divergence has left XRP vulnerable to breakdowns.
๐ Technical Breakdown โ Sellers in Full Control
XRP struggled all day around the $2.07โ$2.11 band, printing lower highs and showing fading buyer momentum.
The final blow came late session:
โ ๏ธ $2.07 collapsed on heavy volume
โ ๏ธ Follow-through selling pushed XRP near $2.00
โ ๏ธ Former support at $2.07 โ new resistance
โ ๏ธ RSI & MACD turning firmly bearish
Price Snapshot:
Drop: $2.20 โ $2.10
Rejection at $2.13 with 68% volume spike
Brief dip toward $2.00 before settling around $2.10โ$2.12
XRP remains below every intraday resistance level.
๐ Key Levels to Watch
Resistance:
$2.07โ$2.11 โ Must be reclaimed to restore bullish structure
Support:
$2.05 โ Next critical retest
$1.90โ$1.97 โ Strong demand zone if $2.05 fails
November lows โ Activated on deeper sell-off
ETF inflows help long-term confidence, but theyโre not yet stabilizing short-term price action.
๐ Market Outlook
XRP is at a major decision point:
A strong bounce from $2.05 + reclaim of $2.11 = early sign buyers are returning.
Until that happens:
๐ป Trend: Bearish
๐ป Momentum: Bearish
๐ป Structure: Below support, resistance overhead
๐น ETF Flows: Strong (but not impacting price โ yet)
#XRP #ETF #CryptoMarket
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